MODEST MANUFACTURING GROWTH BUCKS TRENDS

The December Purchasing Managers Index for Buffalo-Niagara came in at 51.8 according to the Institute of Supply Management – Buffalo. Despite falling from 58.7 in November, December’s reading still indicated a slight expansion in manufacturing in contrast to the statewide and national indexes which both showed contraction in December. The index has been choppy, oscillating monthly between minor contraction and minor expansion, since dropping sharply in August. See the full report here: BuffaloISM_December2015

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